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Jacques Coeur
1911 Encyclopedia Britannica
or JACQUES COUR ( c. 1 3951 45 6), founder of the trade between France and the Levant, was born at Bourges, in which city his father, Pierre Coeur, was a rich merchant. Jacques is first heard of about 1418, when he married Macee de Leodepart, daughter of Lambert de Leodepart, an influential citizen, provost of Bourges, and a former valet of John, duke of Berry. About 1429 he formed a commercial partnership with two brothers named Godard; and in 1432 he was at Damascus, buying and bartering, and transporting the wares of the Levant - gall-nuts, wools and silks, goats' hair, brocades and carpets - to the interior of France by way of Narbonne. In the same year he established himself at Montpellier, and there began those gigantic operations which have made him illustrious among financiers. Details are wanting; but it is certain that in a few years he placed his country in a position to contend not unsuccessfully with the great trading republics of Italy, and acquired such reputation as to be able, mere trader as he was, to render material assistance to the knights of Rhodes and to Venice herself.
In 1436 Coeur was summoned to Paris by Charles VII., and made master of the mint that had been established in that city. The post was of vast importance, and the duties onerous. The country was deluged with the base moneys of three reigns, charged with superscriptions both French and English, and Charles had determined on a sweeping reform. In this design he was ably seconded by the merchant, who, in fact, inspired or prepared all the ordinances concerning the coinage of France issued between 1435 and 1451. In 1438 he was made steward of the royal expenditure; in 1441 he and his family were ennobled by letters patent. In 1444 he was sent as one of the royal commissioners to preside over the new parlement of Languedoc, a dignity he bore till the day of his disgrace. In 1445 his agents in the East negotiated a treaty between the sultan of Egypt and the knights of Rhodes; and in 1447, at his instance, Jean de Village, his nephew by marriage, was charged with a mission to Egypt. The results were most important; concessions were obtained which greatly improved the position of the French consuls in the Levant, and that influence in the East was thereby founded which, though often interrupted, was for several centuries a chief commercial glory of France. In the same year Coeur assisted in an embassy to Amadeus VIII., former duke of Savoy, who had been chosen pope as Felix V. by the council of Basel; and in 1448 he represented the French king at the court of Pope Nicholas V., and was able to arrange an agreement between Nicholas and Amadeus, and so to end the papal schism. Nicholas treated him with the utmost distinction, lodged him in the papal palace, and gave him a special licence to traffic with the infidels. From about this time he made large advances to Charles for carrying on his wars; and in 1449, after fighting at the king's side through the campaign, he entered Rouen in his train. At this moment the great trader's glory was at its height. He had represented France in three embassies, and had supplied the sinews of that war which had ousted the English from Normandy. He was invested with various offices of dignity, and possessed the most colossal fortune that had ever been amassed by a private Frenchman. The sea was covered with his ships; he had 300 factors in his employ, and houses of business in all the chief cities of France. He had built houses and chapels, and had founded colleges in Paris, at Montpellier and at Bourges. The house at Bourges (see House, Plate II. figs. 7 and 8) was of exceptional magnificence, and remains to-day one of the finest monuments of the middle ages in France. He also built there the sacristy of the cathedral and a sepulchral chapel for his family. His brother Nicholas was made bishop of Lugon, his sister married Jean Bochetel, the king's secretary, his daughter married the son of the viscount of Bourges, and his son Jean became archbishop of Bourges. But Coeur's gigantic monopoly caused his ruin. Dealing in everything, money and arms, peltry and jewels, brocades and woollens - a broker, a banker, a farmer - he had absorbed the trade of the country, and merchants complained they could make no gains on account of "that Jacquet." He had lent money to needy courtiers, to members of the royal family, and to the king himself, and his debtors, jealous of his wealth, were eager for a chance to cause his overthrow.
In February 1450 Agnes Sorel, the king's mistress, suddenly died. Eighteen months later it was rumoured that she had been poisoned, and a lady of the court who owed money to Jacques Coeur, Jeanne de Vendome, wife of Francois de Montberon, and an Italian, Jacques Colonna, formally accused him of having poisoned her. There was not even a pretext for such a charge, but for this and other alleged crimes the king, on the 31st of July 1451, gave orders for his arrest and for the seizure of his goods, reserving to himself a large sum of money for the war in Guienne. Commissioners extraordinary, the merchant's declared enemies, were chosen to conduct the trial, and an inquiry began, the judges in which were either the prisoner's debtors or the holders of his forfeited estates. He was accused of having paid French gold and ingots to the infidels, of coining light money, of kidnapping oarsmen for his galleys, of sending back a Christian slave who had taken sanctuary on board one of his ships, and of committing frauds and exactions in Languedoc to the king's prejudice. He defended himself with all the energy of his nature. His innocence was manifest; but a conviction was necessary, and in spite of strenuous efforts on the part of his friends, after twenty-two months of confinement in five prisons, he was condemned to do public penance for his fault, to pay the king a sum equal to about £i,000,000 of modern money, and to remain a prisoner till full satisfaction had been obtained; his sentence also embraced confiscation of all his property, and exile during royal pleasure. On the 5th of June 1453 the sentence took effect; at Poitiers the shameful form of making honourable amends was gone through; and for nearly three years nothing is known of him. It is probable that he remained in prison; it is certain that his vast possessions were distributed among the intimates of Charles.
In 1455 Jacques Coeur, wherever confined, contrived to escape into Provence. He was pursued; but a party, headed by Jean de Village and two of his old factors, carried him off to Tarascon, whence, by way of Marseilles, Nice and Pisa, he managed to reach Rome. He was honourably and joyfully received by Nicholas V., who was fitting out an expedition against the Turks. On the death of Nicholas, Calixtus III. continued his work, and named his guest captain of a fleet of sixteen galleys sent to the relief of Rhodes. Coeur set out on this expedition, but was taken ill at Chios, and died there on the 25th of November 1456. After his death Charles VII. showed himself well disposed to the family, and allowed Jacques Ceur's sons to come into possession of whatever was left of their father's wealth.
See the admirable monograph of Pierre Clement, Jacques Coeur Charles VII (1858, 2nd ed. 1874); A. Valet de Viriville, Charles Sept et son époque (3 vols., 1862-1865); and Louisa Costello, Jacques Coeur, the French Argonaut (London, 1847).
These files are public domain.
Chisholm, Hugh, General Editor. Entry for 'Jacques Coeur'. 1911 Encyclopedia Britanica. https://www.studylight.org/encyclopedias/eng/bri/j/jacques-coeur.html. 1910.
